Financial impact to another Federal Reserve interest rate increase
CHATTANOOGA, Tennessee (WDEF)- This week, the Federal Reserve raised interest rates by three-quarters of a percentage point. This is the largest rate increase since 1994. “Touting recession, and the closest thing you can think of is either Covid or 2008, and that doesn’t give you the warm and fuzzies when you hear that word,” said Vandergriff. The Federal Reserve raised…
